Joseph Sitt has added another trophy to his real estate portfolio.
Sources close to the company confirmed that Sitt, chief executive officer of Thor Equities, purchased for an estimated 260 million euros, or $344 million, 65-67 Avenue des Champs-Elysées, a key property in the heart of the bustling Parisian shopping district. The retail space is occupied by Nike and Tommy Hilfiger. The length of the retailers’ leases could not be learned.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"